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They might as well say that they are cutting their ratings because of possible future rating declines.
We compared the expected future rating at the second time point with the actual ratings at the third time point, using student's t-tests.
Moody's more sober view, and any future rating cut, would increase the cost of future borrowings for the stadium.
We argue that by restricting its focus only on the point of issuance, existing empirical research underestimates the incentives for rating shopping, which are likely to be also driven by issuer's expectations about relative future rating migration.
"We don't need to abandon concerns about... healthy buildings," Yudelson assures his readers, "but they belong in a separate system". If all future rating systems should include only his five "Key Performance Indicators," what "separate system" does he mean, and why does it need to be separate?
"While in this study we focused on the problem of predicting box office revenues of movies for the sake of having a clear metric of comparison with other methods, this method can be extended to a large panoply of topics, ranging from the future rating of products to agenda setting and election outcomes.
Similar(51)
Future rate cuts are also expected.
A government program may help limit future rate increases.
Happy Host sets future rates using a proprietary algorithm.
Future rates are provided only for projection purposes.
Will the Fed offer clues about future rate increases?
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com